Tag Archives: Cryptocurrencies

Bitcoin’s recent price behavior has ignited a fervent debate among investors and analysts. After a brief flirtation with the $60,000 level, the world’s largest cryptocurrency has retreated, leaving market participants grappling with uncertainty. Is this a temporary consolidation phase, or a harbinger of a more protracted downturn?The Macroeconomic UndercurrentTo fully …

Binance Coin (BNB) is on the verge of a potential breakout to a new all-time high, driven by growing on-chain activity, a recent price surge, and the resolution of ex-CEO Changpeng Zhao’s legal issues. The token has been trading within an ascending triangle pattern since May 16, with a bullish …

As May draws to a close and June begins, financial markets worldwide find themselves at a critical juncture. Economic data reveals a mixed picture, with signs of easing inflation tempered by ongoing concerns about growth and the potential for further policy tightening. Central banks grapple with diverging paths, while oil …

The minutes of the latest Federal Reserve’s monetary policy meeting as well as inflation data attrac1ted most attention across trading markets for the week. The US dollar closed last week’s trading in an upward direction on the back of signals as well as messages included in FOMC Minutes for May’s …

The FIT21 Bill is frequently cited by analysts as a critical step towards cryptocurrency regulation. A big bill that is presently passing the US House of Representatives is called the Financial Innovation and Technology for the 21st Century Act (FIT21). Why it matters is as follows:Regulatory Framework for Digital Assets:In …

Since last halving, i. e. halving Bitcoin mining rewards, the world’s most popular cryptocurrency has been showing a great deal of strength and momentum due to the upbeat effect of this technological process that is repeated approximately every four years.The largest cryptocurrency, in terms of transaction volume, was halved on …

Bitcoin miners have reached a record $2 billion in earnings ahead of the halving event, with earnings reaching a high of $2.01 billion from rewards and transfer fees. This marks the highest revenue in the last year and the highest record month for miner income in the network’s lifetime. The …

With an 11% gain in the last day, Litecoin (LTC) is now the second-best performing cryptocurrency among the top 100. This takes place on the fifth day of weak market activity, during which time Bitcoin and Ethereum saw corrections of less than 2%. The market capitalization of all cryptocurrencies combined …

Bitcoin has hit $63000 after more than two years below this level, and liquidations have surpassed $277 million in the last 24 hours. This massive rally in the pioneer cryptocurrency could be attributed to the spot ETF approval. Bitcoin price has shattered past the $63000 threshold, with the bulls not …

While cryptocurrencies, like Bitcoin, saw a slight increase on Friday, they continued to trade at relatively low levels ahead of the weekend. A significant event for the stock market that may also affect cryptocurrencies will unfold next week.After swinging back and forth in recent days between the psychologically significant $40,000 …